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Expensive Fund Menus Cost Participants 17 Billion Annually

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Inefficiency and waste are hamstringing 401(k) participants’ retirement chances, a report says..

Americans give up at least $17 billion a year by choosing expensive investments within their workplace retirement plans, according to a recent report from New York-based RiXtrema, which provides portfolio crash-testing and other risk management tools to advisors.

 

 

http://www.fa-mag.com/news/expensive-fund-menus-cost-401-k--participants--17-billion-annually-32295.html?print

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